US forces engage six Houthi unmanned aerial vehicles over southern Red Sea US forces engaged six Houthi unmanned aerial vehicles (UAV) over the southern Red Sea after the group launched four... Updated 24 Mar, 2024 09:31pm
World Antony Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman MANILA: US Secretary of State Antony Blinken will travel to Saudi Arabia and Egypt this week to discuss efforts to... Updated 19 Mar, 2024 01:28pm
BR Research Oil prices in for a surge? International oil prices have hovered and remained steady over the last month only to be triggered by some recent... Published 19 Mar, 2024 09:03am
Markets Inventory builds, Red Sea concerns pressure Asia diesel margins: Russell LAUNCESTON: The profit margin for making diesel in Asia is coming under sustained pressure from a glut of supplies... Published 18 Mar, 2024 12:49pm
Markets South Korea bought 125,000 T feed wheat from US, optional origins HAMBURG: South Korea’s Major Feedmill Group (MFG) purchased about 125,000 metric tons of animal feed wheat in... Published 18 Mar, 2024 12:12pm
World Hamas presents ceasefire proposal detailing exchange of hostages, prisoners DUBAI: Hamas has presented a Gaza ceasefire proposal to mediators and the US that includes the release of Israeli... Updated 15 Mar, 2024 03:17pm
Business & Finance Hapag-Lloyd to seek cost cuts after profit slump FRANKFURT: German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a... Published 15 Mar, 2024 04:14am
World Houthi missiles fired at ship in Red Sea, US military says CAIRO: Yemen’s Houthi group fired missiles at a Liberian-flagged container ship in the Red Sea but did not hit the... Updated 12 Mar, 2024 06:07pm
Print Ship sunk by Houthi strike poses environmental risk: US military ADEN, (Yemen): A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the US military... Updated 04 Mar, 2024 09:39am
World US aircraft, coalition ship shoot down five Houthi attack drones in Red Sea CAIRO: The US Central Command (CENTCOM) said US aircraft and a coalition warship on Feb. 27 shot down five one-way... Published 28 Feb, 2024 12:09pm
World UK exporters hit by Red Sea disruption: survey LONDON: More than half of British exporters are suffering from disruption arising from attacks by Yemen’s Huthi... Published 27 Feb, 2024 03:06am
World Iran says US-British strikes on Yemen ‘escalate tensions’ TEHRAN: Iran condemned on Sunday the latest strikes by the United States and Britain on Yemen, saying they were... Published 25 Feb, 2024 05:25pm
World US downs three Houthi drones, strikes anti-ship missiles WASHINGTON: American forces shot down three attack drones near commercial ships in the Red Sea Friday and destroyed... Updated 24 Feb, 2024 04:10pm
Business & Finance Red Sea is temporary issue, can reach CIS countries through Pakistan: CEO Dubai’s DP World Naturally, there are disturbances and noises but trade is resilient, says Sultan bin Sulayem Updated 23 Feb, 2024 10:07pm
World Houthis to escalate Red Sea strikes, use ‘submarine weapons’ DUBAI/ADEN/LONDON: Yemen’s Iran-backed Houthis will escalate their attacks on ships in the Red Sea and other ... Published 23 Feb, 2024 06:36am
World Red Sea ballistic missile attacks trigger Asian interest in defences SINGAPORE: The use of anti-ship ballistic missiles (ASBMs) in the Red Sea has spurred interest in Asia about the... Published 22 Feb, 2024 06:55am
Markets Oil steady as investors weigh US rate cut outlook with Middle East tensions LONDON: Oil prices steadied on Wednesday, stabilising from losses in the previous session, as growing expectations... Updated 21 Feb, 2024 08:57pm
World French navy downs two drones over Red Sea PARIS: The French navy has shot down two drones over the Red Sea where Yemen’s Houthi rebels have been attacking... Published 21 Feb, 2024 05:29am
World 'Israeli' ship targeted by Houthis is Liberia-flagged, says Ambrey CAIRO: British maritime security firm Ambrey said that a container ship targeted by Yemen's Houthis on Tuesday was... Published 20 Feb, 2024 11:54pm
World EU launches Red Sea mission as US ship attacked twice DUBAI: The European Union launched a naval mission on Monday to protect Red Sea shipping from Yemen’s Huthi rebels... Published 20 Feb, 2024 03:09am
Markets Red Sea disruptions to limit products to customers in long term RAS LAFFAN: QatarEnergy Chief Saad al-Kaabi said on Monday Red Sea shipping disruptions would limit the arrival of... Published 19 Feb, 2024 01:49pm
Business & Finance UAE’s non-oil trade hits record $953bn in 2023 DUBAI: The United Arab Emirates’ non-oil trade reached a record high 3.5 trillion dirhams ($952.93 billion) in... Published 19 Feb, 2024 05:24am
World UK’s Cameron raises Red Sea, human rights issues with Chinese counterpart British Foreign Minister David Cameron met his Chinese counterpart Wang Yi at the Munich Security Conference on... Published 17 Feb, 2024 10:56am
Business & Finance India’s small exporters reel as Red Sea crisis helps rivals nab business NEW DELHI: Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having... Published 16 Feb, 2024 12:40pm
Markets Red Sea, Russian refinery attacks tighten Asia naphtha supplies NEW DELHI: Prices of naphtha, a key petrochemical feed stock, have jumped in Asia as drone attacks on Russian... Published 14 Feb, 2024 10:54am
World ‘Up in the air’: Red Sea crisis puts Yemen peace process on hold DUBAI: As Houthi attacks roil the Red Sea and Western air raids target the rebels, moves to end Yemen’s... Published 13 Feb, 2024 05:59am
Markets Oil little changed as demand concerns offset ME tensions NEW YORK: Oil futures were little changed on Monday as rising concerns about global demand caused the market to take... Published 13 Feb, 2024 05:59am
World IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy DUBAI: The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red... Published 12 Feb, 2024 05:58pm
Business & Finance Global transport of goods: Red Sea crisis causing severe disruptions LONDON: The International Maritime Organization (IMO) is working “tirelessly” to solve the Red Sea crisis, which is... Updated 12 Feb, 2024 08:39am
World Houthis say 17 fighters killed in US strikes SANAA: A total of 17 Houthi fighters were killed in US strikes, the Iran-backed Yemeni group said through its... Published 11 Feb, 2024 05:35am